Form 4: Lennar Corp Executive Chairman Stuart Miller Reports Stock Transaction

Stuart Miller, Executive Chairman & Co-CEO of Lennar Corp, reports the disposition of 100,000 shares of Class A Common Stock on October 1, 2024.

Summary

• On October 1, 2024, Stuart Miller, the Executive Chairman & Co-CEO of Lennar Corp, disposed of 100,000 shares of Class A Common Stock.
• The transaction was a disposition, indicated by code 'G', and the price was $0.00.
• Following the transaction, Miller directly owns 1,607,876 shares of Class A Common Stock and 121,323 shares of Class B Common Stock.
• Miller also indirectly owns shares through a GRAT, a Trust, an ESOP Trust, and a Family Trust.
• He disclaims beneficial ownership of shares except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Management Comments

• Mr. Miller disclaims beneficial ownership of these shares except to the extent of such pecuniary interest.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the real estate and construction industry.

Stakeholder Impact

• The transaction may be of interest to shareholders as it provides insight into the actions of a key executive.

Key Dates